Feds extend CEBA repayment deadline

September 20, 2023

The federal government has announced an extension to the deadline for repayment of the Canada Emergency Business Account (CEBA), but stakeholders are clamouring for a bigger move from Ottawa.

Ottawa has moved the deadline for the repayment for partial loan forgiveness of up to 33 per cent under the program to Jan. 18, 2024, “recognizing that the end of December is a busy time for many Canadian businesses”.

The deadline was previously set at Dec. 31, 2023.

Source: HR Reporter